I can work efficiently when everything is sorted out properly (for example, in Excel I usually have a lot of tabs and colors))). And i want my order grid well organized, so easy change of order statuses is vital for me. I use this extension to do that - http://amasty.com/order-status.html

I see this feature is available in Magento back-end. Administrator is able to edit status of customer's order at his convenient. However, it could be lack of other custom abilities so it would be great if there is a module like that.
(Magestore - Magento extensions and plugins http://magestore.com/)

Hi Guys. I created the custom status extension. I'm not a developer though ... I am going to create a Donate button, and when the value reaches high enough, I will hire a developer to create it and release it as open source.

I was quite stunned when i found out rater late in the process that where is next to no options regarding order status. Now how can there be a shop system like this without i don't get it??. WE NEED THIS NOW!!!

I am using the Connect addon for this which is good, but not quite flexible enough. What would also be great is to use the mass add, for custom status. Being a company that processes more than 150 orders aday we have to use our own code. But would be great if custom statuses could also be added on mass.

Yes I agree as well. The extension is nice, but it doesn't provide full functionality. To me, this is a very basic, essential part of any ecomerce system. OsCommerce has this and we got used to doing it like that.

I agree that we need to have a more flexible order status but we also need there to be standard business process and flows documented. Moving an order from completed to new would be a nightmare for reconciliation and accounting.